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Community Economic Development Assoc

Floridawest Economic Development Alliance

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471954665 ✦ Pensacola, FL ✦ Designated as a 501(c)(6)

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Overview

What is Community Economic Development Assoc?

Community Economic Development Assoc, with its headquarters in Pensacola, Florida, is a nonprofit organization dedicated to fostering business growth and promoting economic development in the local area, specifically Pensacola and Escambia County. With a team of 10 individuals, their mission involves encouraging and supporting the expansion of local industries, aiming to enhance the local economy. Their activities and mission are carried out under the name FloridaWest Economic Development Alliance.


Official website here: www.floridawesteda.com

Is Community Economic Development Assoc legitimate?

Community Economic Development Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Community Economic Development Assoc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $187,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $401,296

For more financial information, click here


Official website here: www.floridawesteda.com

What is the mission statement of Community Economic Development Assoc?

The Community Economic Development Assoc's mission is centered around fostering business growth in its scope, specifically focusing on Pensacola and Escambia County. Their primary goal is to stimulate the expansion of local industries and contribute to overall economic development within the community. The association operates with the aim of encouraging and providing assistance to businesses, thereby contributing to the economic prosperity of the area.


Official website here: www.floridawesteda.com

Who is the CEO of Community Economic Development Assoc?

Scott Luth is the President of Community Economic Development Assoc. The CEO's salary of Community Economic Development Assoc is $187,200 and their total compensation is $224,216.


Official website here: www.floridawesteda.com

What is the revenue of Community Economic Development Assoc?

Community Economic Development Assoc's revenue in 2022 was $1,163,356.


Official website here: www.floridawesteda.com

Who are the executives of Community Economic Development Assoc and what are their salaries?

The average compensation at Community Economic Development Assoc during 2022 was $58,850. There are 10 employees at Community Economic Development Assoc.


Here are 16 key members and their salaries (Community Economic Development Assoc's CEO's salary is $187,200 and their total compensation is $224,216):


Rick Byars (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bear (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Tilley (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charletha Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donnie Mcmahon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olevia Mcnally (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Waite (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Beardsley (Investor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kc Gartman (Investor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelvin Enfinger (Investor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Mcbride (Investor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Meadows (Investor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Murzin (Investor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Luth (Ceo)
  • Compensation: $187,200
  • Related: $0
  • Other: $37,016


Official website here: www.floridawesteda.com

Where can I find the form 990 for Community Economic Development Assoc?

Community Economic Development Assoc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.floridawesteda.com

Learn more at the official website: www.floridawesteda.com

Mission Statement of Community Economic Development Assoc

The Community Economic Development Assoc, in its mission, is focused on stimulating business growth in Pensacola and Escambia County. This nonprofit organization works diligently to encourage the expansion of local industries and contribute to the overall economic development of the area. By providing necessary assistance, the Community Economic Development Assoc aims to foster a thriving business environment in the region.

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Impact




October, 2024

The Community Economic Development Association significantly impacts Pensacola and Escambia County by fostering an environment conducive to business growth and expansion. Through its initiatives, the organization encourages local industry development, which leads to job creation, increased economic activity, and improved community well-being.

By focusing on business development, the association contributes to a stronger local economy, enhancing the quality of life for residents. The promotion of economic development not only aids existing businesses but also attracts new enterprises to the area, further diversifying the economic landscape. Overall, its efforts in community improvement create sustainable pathways for growth, benefiting both individuals and the broader community.




This information is meant to be a general summary of Community Economic Development Assoc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,163,356 (2022)
Expenses
$1,308,620 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $35
  • Program Service Revenue: $63,281
  • Gross Receipts: $1,163,356

Assets and Liabilities:

  • Total Assets: $509,626
  • Total Liabilities: $61,899
  • Net Assets: $447,727

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CoLab Income

Revenue

$63,281

Organization Details

Founding Year

2014

Principal Officer

Scott Luth

Main Address

3 West Garden Street 618, Pensacola, FL, 32502

NTEE Category

Code: S40 - Community improvement

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